Ramkrishna Forgings has informed that the Board of Directors of the Company at its meeting held on June 30, 2014, has approved the termination and revocation of the ESOP 2013, with immediate effect. ESOP 2013 was formulated in the month of November, 2013 but has not yet been made operational and no option has been granted under ESOP 2013 to any eligible employees.
The above information is a part of company’s filings submitted to BSE.